## Derivatives Market - Modern Financial Instruments You Need to Understand Clearly
What are derivatives? This is a question many traders ask when they first start exploring the financial markets. In fact, derivative instruments have existed for thousands of years. Since Mesopotamian times, the first forward contracts appeared to help merchants manage risk. However, derivatives truly exploded in the 1970s with the advent of modern pricing models. Today, no financial market can develop without the participation of derivative tools.
## Definition of Derivative Instruments
A derivative is a type
View OriginalWhat are derivatives? This is a question many traders ask when they first start exploring the financial markets. In fact, derivative instruments have existed for thousands of years. Since Mesopotamian times, the first forward contracts appeared to help merchants manage risk. However, derivatives truly exploded in the 1970s with the advent of modern pricing models. Today, no financial market can develop without the participation of derivative tools.
## Definition of Derivative Instruments
A derivative is a type